TL NATURAL GAS (08536.HK) announced on May 12 that in the first quarter of 2022, the company's revenue was 11.06 million yuan, down 21.3% from the same period last year; the loss during the period was 2.075 million yuan, compared with a loss of 3.07 million yuan in the same period last year; and a loss of 1.20 cents per share.
The decrease in revenue was mainly due to a decrease in CNG sales to wholesale and retail customers.